Today Time Inc. Chairman and CEO Ann Moore announced the promotions of Sylvia Auton and Stephanie George to Executive Vice Presidents. Nora McAniff will step down as Co-Chief Operating Officer. These changes will take effect March 1, 2007.

"I want to thank Nora for her 25-year commitment to Time Inc," said Moore. "She is the consummate publishing executive, and brought a unique and strategic leadership to our businesses. We wish her the best in the next phase of her life."

"When I realized I was about to reach my 25th anniversary with Time Inc., I decided it might be time for a brief intermission between acts," said McAniff. "I am proud of the magazines I've helped run and will miss the many smart, talented people I've had the opportunity to work with."

Moore continues, "Sylvia and Stephanie are seasoned executives who have done a great job running their businesses. I look forward to them assuming more active roles as part of our senior management."

Auton will continue her role as Chief Executive Officer of IPC Media, and will also assume responsibility for Southern Progress Corporation and the business sides of All You and Life. She will divide her time between New York, London and Birmingham, Alabama as necessary. George will continue her role as President, In Style, Real Simple and Essence, and will add responsibility for Corporate Sales and Marketing and the business sides of the People Group and Entertainment Weekly. She will also continue to oversee Time Inc.'s partnership with the American Express titles. Auton and George will both report to Moore.

Background on Sylvia Auton
Sylvia Auton was appointed CEO of IPC Media in March 2003. IPC Media is the U.K.'s consumer magazine market leader. Auton joined IPC in 1977 as a marketer before becoming a core member of the IPC management team. During her time with the company, Auton has held a number of key senior positions and, in 1998, was appointed Managing Director of IPC's Country & Leisure Media division, the U.K.'s largest specialist publishing company. She was part of the Board team that developed the strategy and business under the Cinven-backed management buy-out from Reed Elsevier in 1998, and in 2001, as an IPC Board member, she was instrumental in Time Warner's acquisition of IPC Media. Auton is a director of ultimate parent company, IPC Group Limited. She is chairman of the IPC Media Pension Trustee Limited, the corporate trustee of the IPC Media Pension Scheme. She is also a member of the PPA Board.

Background on Stephanie George
Stephanie George was appointed President, In Style, Real Simple, Essence and Parenting in 2005. George joined Time Inc. as President of In Style in 2001. A veteran of Fairchild Publications since 1988, George served as President, Women's Wear Daily Media Worldwide, where she oversaw a host of special issues, international editions and the development of internet strategies. Prior to that post, she was Executive Vice President of Fairchild Publications responsible for the company's 12 trade and consumer titles including W, Jane and Women's Wear Daily. As Publisher of W for ten years, she remade the broadsheet into a glossy consumer monthly and presided over the successful launch of Jane. George serves on the board of Lincoln Center.

About Time Inc.
Time Inc., a Time Warner company, is one of the largest content companies in the world. With approximately 150 magazines, it is the largest magazine publisher in the U.S. and U.K. Each month, one of out every two American adults reads a Time Inc. magazine, and one out of every 10 visits a company website (more than 19 million unique visitors). Time Inc.'s popular brands and successful franchises extend to online, television, cable VOD, satellite radio, mobile devices, events and branded products.

Contact Info:
Dawn Bridges
(212) 522-2494
dawn_bridges@timeinc.com

Danielle Perissi
(212) 522-5951
danielle_perissi@timeinc.com